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Donor nations fall behind on aid pledges

Overseas aid grew strongly last year but most rich countries still had a long way to go to meet pledges they made to the developing world before their economies entered recession.

Figures to be released today by the Organisation for Economic Co-operation and Development, obtained by the Financial Times, show that aid increased by 11.9 per cent last year.

The figures exclude one-off effects of debt relief, which can cause large year-on-year movements in the data, and are adjusted for inflation and currency movements.

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